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>Most religious organizations turn large profits. That they are used to build more churches, mosques, and temples does not detract from the fact that it's a pro
by PakG1 15y ago
>Most religious organizations turn large profits. That they are used to build more churches, mosques, and temples does not detract from the fact that it's a profit.
Many non-profits are the same.
I think the easiest way to differentiate between profits and non-profits is that profits have shareholders who benefit from the profits through dividends, rise in share price, etc. They have the potential to get a financial return on their investment. You can't say the same for donors to non-profits.
Many religious organizations would easily be counted as non-profits when looking at what makes a non-profit a non-profit.